DOLLAR CONVERSION RATES.

Manawatu Standard, Volume LIII, Issue 257, 27 September 1933, Page 5

DOLLAR CONVERSION RATES.

The Associated Banks have agreed that tho conversion rates from September 26, will bo: U.S.A. Canada, Conversion of dollar bills received for collection and salo of dollar drafts 4.64 4.74 Purchase of dollar bills 4.84 4.94 Those conversion rates are, of course, ascertained on a sterling basis (London funds), and therefore current rate of exchange New Zealand on London will also bo charged or allowed as the case may require. FOREIGN EXCHANGES. POSITION OF STERLING. (British Official Wireless.) RUGBY, Sept. 25. The following rates on foreign exchanges were curront to-day, compared with par:

BASE METALS MARKET. COPPER EASIER; TIN FIRMER. LONDON, Sept. 25. The official London (middle) quotations for Blonday, as reported by tho Australian Biines and B'lctals Association, compare as under with those previously cabled :

Now York, dol. to £1 Sept. 25. Par. 4.74| 4.866 Montreal, do!, to £1 . 4.85 4.866 Paris, francs to £1 . 7913-32 124.21 Brussels, bel to £1 . 22.275 35.00 Geneva, francs to £1 . 16.04 25.225 Amsterdam, florins to £1 7.70 12.107 Milan, lire to £1 .... 59.125 92.46 Berlin, marks to £1 . 13.02 20.43 Stockholm, knr. to £1 19.40 18.159 Cupennageii. knr to 22.40 id. lot, Oslo, knr. to £1 19.90 18.155 Vienna, scligs. to £l . 29 34.585 Prague, knr. to £1 . 105 164.25 Hel’fors, marks to £1 227 193.23 Madrid, pes. to £1 . 37 3-32 25.225 Lisbon, esc to £1 .... Athens, drach. to £1 . 103 110 550 375 Belgrade, din. to £1 . 228 276.31 Bucharest, lei to £1 . 525 .813.60 Warsaw, zloty, to £1 . — 43.38 Rio de J., p. to mil. . +41 5.899 B. Aires, p. to peso . +45 47.62 M. Video, p. to peso . *37 51 Calcutta, p. to rup. . - 18 3-64 18 Shanghai, p. to dol. . 157-16 — LI.-Kong, p. to dol. . 17 3-16 — Y’hama, p. to yen .. 14 1-16 24.582 Batavia., florins to £l ‘Nominal. ... 7.72 ■(•Official. 12.107

Sept. 22. Sept. 25.' Copper— Per ton. £ s d Per ton. £ s d Standard, spot 34 4 4£ 34 2 6 Standard, forward . 34 8 1£ 34 6 3 ‘Electrolytic 37 10 0 37 5 0 to 38 0 0 38 0 0 Wire bars 38 0 0 38 0 0 Load— Forward 11 0 0 11 18 9 Spot 12 3 9 12 2 6 Spelter— Spot 16 13 9 16 12 6 F orward 16 17 6 16 16 3' IntSpot 214 16 3 215 16 3 Forward 214 16 3 215 8 9 Silver— Standard, per oz. ... Fine 18Jd 19 ll-l&d 18 7-16d 19|d tAmerican, not quoted. * American, 9 cents a lb.